New Jersey Assembly Hosting Hearings on Digital Currency Regulation
The New Jersey Assembly, the lower house of the New Jersey Legislature, is reportedly holding hearings on digital currency today.
Marco Santori, a lawyer at Pillsbury Winthrop Shaw Pittman with a keen interest in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and digital currency, said he will be providing testimony at the hearings. Assembly Democratic spokesman Tom Hester said that in addition, the following figures from the industry will also contribute:
Houman Shadab – Professor of Law, New York Law School
Brian Stoeckert – Managing Director, CoinComply.
Christian Martin – CEO and Co-Founder, TeraExchange.
Leonard Nuara – President and Co-Founder, TeraExchange.
Jerry Brito – Executive Director, Coin Center
Charles Cascarilla – CEO, ItBit
Robert Wilkins – CEO, ZiftrCoin
Quentin Page – General Counsel, Coinware
The hearings will get lawmakers' feet wet on the discipline, serving mainly to educate, but with suitable Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term in mind as the end goal. Santori said that in a sense, these hearings are more significant than those that previously took place in New York:
"This will be important because, unlike state regulators, legislators have the power to create tax and other incentives to attract digital currency businesses to their state. Regulators typically only have sticks, while legislators can offer carrots. This could be a very good thing for the industry."
Yesterday, Superintendent for the New York Department of Financial Services (NYDFS) Benjamin Lawsky released a revised document of virtual currency regulations in his state.
The New Jersey Assembly, the lower house of the New Jersey Legislature, is reportedly holding hearings on digital currency today.
Marco Santori, a lawyer at Pillsbury Winthrop Shaw Pittman with a keen interest in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and digital currency, said he will be providing testimony at the hearings. Assembly Democratic spokesman Tom Hester said that in addition, the following figures from the industry will also contribute:
Houman Shadab – Professor of Law, New York Law School
Brian Stoeckert – Managing Director, CoinComply.
Christian Martin – CEO and Co-Founder, TeraExchange.
Leonard Nuara – President and Co-Founder, TeraExchange.
Jerry Brito – Executive Director, Coin Center
Charles Cascarilla – CEO, ItBit
Robert Wilkins – CEO, ZiftrCoin
Quentin Page – General Counsel, Coinware
The hearings will get lawmakers' feet wet on the discipline, serving mainly to educate, but with suitable Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term in mind as the end goal. Santori said that in a sense, these hearings are more significant than those that previously took place in New York:
"This will be important because, unlike state regulators, legislators have the power to create tax and other incentives to attract digital currency businesses to their state. Regulators typically only have sticks, while legislators can offer carrots. This could be a very good thing for the industry."
Yesterday, Superintendent for the New York Department of Financial Services (NYDFS) Benjamin Lawsky released a revised document of virtual currency regulations in his state.